Form 4562 (2003), Page 2. Summary: This is an example of Form 4562 (2003), page 2, with items as described in the text. Additionally, these line items
are
completed:
Under
“Part V: Listed Property: Section A--Depreciation and Other Information”:
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“24a. Do you have evidence to support the business/investment use claimed? Yes” checkbox checked
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“24b. If Yes, is the evidence written? Yes” checkbox checked
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“26. Property used more than 50% in a qualified business use (see page 6 of the instructions):”
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“(a) Type of property (list vehicles first)” field contains USA 280F Van
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“(b) Date placed in service” field contains 11-16-03
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“(c) Business/investment use percentage” field contains 100%
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“(d) Cost or other basis” field contains 49,800
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“(e) Basis for depreciation (business/investment use only)” field contains 2,400
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“26. Property used more than 50% in a qualified business use (see page 6 of the instructions):”
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“(a) Type of property (list vehicles first)” field contains Sport Utility Vehicle
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“(b) Date placed in service” field contains 3-11-03
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“(c) Business/investment use percentage” field contains 100%
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“(d) Cost or other basis” field contains 55,000
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“(e) Basis for depreciation (business/investment use only)” field contains 0
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“28. Add amounts in column (h), lines 25 through 27. Enter here and on line 21, page 1” field contains 2,460
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“29. Add amounts in column (i), line 26. Enter here and on line 7, page 1” field contains 100,000
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Under
“Part V: Listed Property: Section C--Questions for Employers Who Provide Vehicles for Use by Their Employees”:
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“37. Do you maintain a written policy statement that prohibits all personal use of vehicles, including commuting, by your employees?
Yes” checkbox checked
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